Regional Comprehensive Economic Partnership

CGTN: China vows to treat market entities equally, build open market system

Retrieved on: 
Thursday, November 11, 2021

China will treat all types of market entities equally and build a "unified and open market system with orderly competition," said Chinese President Xi Jinping in his address at the Asia-Pacific Economic Cooperation (APEC) CEO Summit via video link on Thursday.

Key Points: 
  • China will treat all types of market entities equally and build a "unified and open market system with orderly competition," said Chinese President Xi Jinping in his address at the Asia-Pacific Economic Cooperation (APEC) CEO Summit via video link on Thursday.
  • In his keynote speech, Xi called for commitment to sustainable development and efforts to build an Asia-Pacific community with a shared future.
  • China vows to introduce a series of measures to facilitate the overall green transformation of economic and social development during the 14th Five-Year Plan period (2021-2025) and beyond.
  • Xi will attend the 28th APEC Economic Leaders' Meeting via video link on Friday and deliver another speech.

MoU signed between MY E.G. Services Berhad (MYEG) and Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT)

Retrieved on: 
Wednesday, October 13, 2021

KUALA LUMPUR, Malaysia, Oct. 13, 2021 /PRNewswire/ -- MY E.G. Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix. 

Key Points: 
  • Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.
  • MYEG will work together with CAICT to establish Xinghuo BIF's international extension platform, Zetrix and construct backbone and supernodes around the world.
  • On the other hand, CAICT Deputy Director, Ms. Wang Zhiqin has reiterated that China is attaching great importance to blockchain technology and industrial development.
  • Beyond Malaysia, MYEG has operations in other key regional markets such as the Philippines and Indonesia.

MoU signed between MY E.G. Services Berhad (MYEG) and Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT)

Retrieved on: 
Wednesday, October 13, 2021

Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.

Key Points: 
  • Services Berhad (MYEG) today signed a Memorandum of Understanding (MoU) with Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT) of China for the international extension of China's national blockchain network, Xinghuo Blockchain Infrastructure and Facility ("Xinghuo BIF"), by introducing backbone and supernodes outside China to be known as Zetrix.
  • MYEG will work together with CAICT to establish Xinghuo BIF's international extension platform, Zetrix and construct backbone and supernodes around the world.
  • On the other hand, CAICT Deputy Director, Ms. Wang Zhiqin has reiterated that China is attaching great importance to blockchain technology and industrial development.
  • Beyond Malaysia, MYEG has operations in other key regional markets such as the Philippines and Indonesia.

The 13th China-Northeast Asia Expo kicks off in northeast China

Retrieved on: 
Tuesday, September 28, 2021

CHANGCHUN, China, Sept. 28, 2021 /PRNewswire/ -- The 13th China-Northeast Asia Expo kicked off on Thursday in northeast China's Jilin Province, according to China Council for the Promotion of International Trade Jilin Committee.

Key Points: 
  • CHANGCHUN, China, Sept. 28, 2021 /PRNewswire/ -- The 13th China-Northeast Asia Expo kicked off on Thursday in northeast China's Jilin Province, according to China Council for the Promotion of International Trade Jilin Committee.
  • The five-day event in Changchun, the capital city of Jilin, is the first international expo held in Northeast Asia since the global COVID-19 pandemic.
  • Over a thousand enterprises from some 40 countries and regions have registered in the expo.
  • Nagasaka Yasumasa, State Minister of Economy, Trade and Industry (METI) of Japan, said the fast implementation of the RCEP will further expand the cooperation in Northeast Asia.

First-ever Global Business Forum ASEAN to Explore Untapped Potential in Southeast Asian Markets

Retrieved on: 
Monday, September 27, 2021

The huge economic potential of the Association of Southeast Asian Nations (ASEAN) and the wealth of opportunities that the region offers businesses and investors in the UAE will be in the spotlight at the first ever Global Business Forum (GBF) ASEAN, which takes place December 8-9, 2021 at the Dubai Exhibition Centre, Expo 2020 Dubai.

Key Points: 
  • The huge economic potential of the Association of Southeast Asian Nations (ASEAN) and the wealth of opportunities that the region offers businesses and investors in the UAE will be in the spotlight at the first ever Global Business Forum (GBF) ASEAN, which takes place December 8-9, 2021 at the Dubai Exhibition Centre, Expo 2020 Dubai.
  • The high-level forum brings together government and business leaders from ASEAN markets and the UAE to explore new avenues of economic cooperation and emerging investment opportunities.
  • The two-day forum will examine the changing dynamics of ASEAN region in the wake of the Covid-19 pandemic, as well as new opportunities being created by digital transformation and trade partnerships.
  • GBF ASEAN forms part of Dubai Chambers Global Business Forum series that was launched in 2012 as a platform to drive trade and explore opportunities between the UAE and some of the worlds fastest growing markets.

Global Shipping Container Market Size, Share & Trends Analysis Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 22, 2021

The "Global Shipping Container Market Size, Share & Trends Analysis 2021-2028 by Product (ISO, Non-standard), by Type (Dry, Reefer, Tank), by Size (20', 40', High Cube), by Flooring, by Application, by Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Shipping Container Market Size, Share & Trends Analysis 2021-2028 by Product (ISO, Non-standard), by Type (Dry, Reefer, Tank), by Size (20', 40', High Cube), by Flooring, by Application, by Region" report has been added to ResearchAndMarkets.com's offering.
  • 20' and 40' are the most popular sizes of shipping containers as of 2021.
  • Although based on application shipping containers are often manufactured in a variety of sizes such as 8', 10', 48', 53', and others.
  • The growth of the transportation industry on account of growing online retails is expected to benefit the shipping containers market.

Singapore Is Top of Choice for US Companies Seeking Growth Opportunities in ASEAN

Retrieved on: 
Tuesday, September 21, 2021

Singapore is ranked the top market in ASEAN for expansion by US companies seeking growth opportunities in the region, according to a survey1 commissioned by Standard Chartered for its Borderless Business: US-ASEAN Corridor, a strategic report that explores high-potential opportunities for cross-border growth in this trade corridor.

Key Points: 
  • Singapore is ranked the top market in ASEAN for expansion by US companies seeking growth opportunities in the region, according to a survey1 commissioned by Standard Chartered for its Borderless Business: US-ASEAN Corridor, a strategic report that explores high-potential opportunities for cross-border growth in this trade corridor.
  • With a population projected to rise to 723 million by 2030 and 67 per cent of it forecast to be in the middle class2, ASEAN will continue to be an attractive market for US companies.
  • An attractive growing market for consumer goods, medical devices and pharmaceuticals, the region offers US companies significant opportunities to expand their production and supply networks.
  • 2 World Economic Forum, Future of Consumption in Fast-Growth Consumer Markets: ASEAN, June 2020
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005754/en/

Sixth Belt and Road Summit draws to successful close

Retrieved on: 
Friday, September 3, 2021

HONG KONG, Sept 3, 2021 - (ACN Newswire) - The sixth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close yesterday (2 September).

Key Points: 
  • HONG KONG, Sept 3, 2021 - (ACN Newswire) - The sixth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close yesterday (2 September).
  • Under the theme "Driving Growth through Fostering Regional and International Trade", the sixth Belt and Road Summit brought together more than 17,000 participants from about 80 countries and regions.
  • They all came together to discuss the latest developments driven by the Belt and Road Initiative.
  • - Belt and Road Summit website: https://www.beltandroadsummit.hk/en
    - HKTDC Belt and Road Portal: http://beltandroad.hktdc.com
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

Online Exhibition of the 2021 South and Southeast Asia Commodity Expo and Investment Fair Kicks Off in Kunming, Yunnan

Retrieved on: 
Friday, August 27, 2021

The online exhibition of the 2021 South and Southeast Asia Commodity Expo and Investment Fair (SSACEIF) was launched in Kunming, Yunnan Province on August 25, 2021.

Key Points: 
  • The online exhibition of the 2021 South and Southeast Asia Commodity Expo and Investment Fair (SSACEIF) was launched in Kunming, Yunnan Province on August 25, 2021.
  • The event is based on the theme New Opportunities for New Development and will run until August 29.
  • Speakers also called for all members to make full use of the exhibition platform and new SSACEIF initiatives to promote win-win outcomes.
  • At the launch ceremony, guests were updated on the latest progress in construction of the China-Laos Railway via video streaming.

CITIC Telecom Announces 2021 Interim Results

Retrieved on: 
Thursday, August 19, 2021

HONG KONG, Aug 19, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), Asia-leading multinational internet-oriented telecommunications enterprise providing comprehensive services, reported profit attributable to equity shareholders of HK$534 million for the six months ended 30 June 2021, representing a period-on-period increase of 4.3%, or 2.1%, excluding the effect of investment property revaluation.

Key Points: 
  • HONG KONG, Aug 19, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), Asia-leading multinational internet-oriented telecommunications enterprise providing comprehensive services, reported profit attributable to equity shareholders of HK$534 million for the six months ended 30 June 2021, representing a period-on-period increase of 4.3%, or 2.1%, excluding the effect of investment property revaluation.
  • The Board declared an interim dividend of HK5.5 cents per share for 2021, up by 10.0% period-on-period.
  • Mr. XIN Yue Jiang, Chairman of CITIC Telecom, said, "During the first half of 2021, the prospects for economic recovery were less than certain as the COVID-19 pandemic persisted.
  • CITIC Group Corporation, a large multinational conglomerate headquartered in the People's Republic of China, is the ultimate holding company of CITIC Telecom.